CONEXUS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CONEXUS
Largest movements
- Cash +€17,505
up €17,505 (+551%), from €3,177 to €20,681
mainly Net result for the year (+€25,874) and Other debts (+€8,095)
- Deferred charges and accrued income +€5,961
up €5,961 (+51.6%), from €11,559 to €17,520
- Tangible fixed assets +€2,374
up €2,374 (+58.7%), from €4,045 to €6,419
of which Furniture and vehicles: +€2,238
- Receivables within one year -€1,634
down €1,634 (-34.3%), from €4,764 to €3,130
of which Other amounts receivable: -€1,530
- Stocks and contracts -€757
down €757 (-60.7%), from €1,248 to €491
- Reserves +€9,156
up €9,156 (+1,117%), from €820 to €9,976
- Other debts +€8,095
up €8,095 (+29.8%), from €27,169 to €35,265
- Profit (loss) carried forward +€7,718
no longer reported in 2025 (was -€7,718)
- Tax, wage and social debts -€1,010
down €1,010 (-54.9%), from €1,840 to €830
of which Remuneration and social security: -€1,840
- Trade debts -€681
no longer reported in 2025 (was €681)
- Gross operating margin +€27,529
up €27,529 (+89.8%), from €30,661 to €58,190
- Staff costs +€2,415
up €2,415 (+9.4%), from €25,559 to €27,973
- Depreciation -€1,129
down €1,129 (-44.2%), from €2,554 to €1,425
- Taxes +€830
new in 2025: €830
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,793 | €48,241 | +€23,448 | +94.6% |
| Fixed assets | 21/28 | €4,045 | €6,419 | +€2,374 | +58.7% |
| Tangible fixed assets | 22/27 | €4,045 | €6,419 | +€2,374 | +58.7% |
| Furniture and vehicles | 24 | €0 | €2,238 | +€2,238 | |
| Other tangible fixed assets | 26 | €4,045 | €4,181 | +€136 | +3.4% |
| Current assets | 29/58 | €20,748 | €41,823 | +€21,074 | +102% |
| Stocks and contracts in progress | 3 | €1,248 | €491 | -€757 | -60.7% |
| Stocks | 30/36 | €1,248 | €491 | -€757 | -60.7% |
| Amounts receivable within one year | 40/41 | €4,764 | €3,130 | -€1,634 | -34.3% |
| Trade receivables | 40 | €105 | - | -€105 | |
| Other amounts receivable | 41 | €4,660 | €3,130 | -€1,530 | -32.8% |
| Cash at bank and in hand | 54/58 | €3,177 | €20,681 | +€17,505 | +551% |
| Deferred charges and accrued income | 490/1 | €11,559 | €17,520 | +€5,961 | +51.6% |
| Total equity and liabilities | 10/49 | €24,793 | €48,241 | +€23,448 | +94.6% |
| Equity | 10/15 | -€5,898 | €10,976 | +€16,874 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €820 | €9,976 | +€9,156 | +1,117% |
| Distributable reserves | 133 | €820 | €9,976 | +€9,156 | +1,117% |
| Profit (loss) carried forward | 14 | -€7,718 | - | +€7,718 | |
| Amounts payable | 17/49 | €30,691 | €37,265 | +€6,574 | +21.4% |
| Amounts payable within one year | 42/48 | €29,690 | €36,095 | +€6,404 | +21.6% |
| Trade debts | 44 | €681 | - | -€681 | |
| Suppliers | 440/4 | €681 | - | -€681 | |
| Taxes, remuneration and social security | 45 | €1,840 | €830 | -€1,010 | -54.9% |
| Taxes | 450/3 | - | €830 | +€830 | |
| Remuneration and social security | 454/9 | €1,840 | - | -€1,840 | |
| Other amounts payable | 47/48 | €27,169 | €35,265 | +€8,095 | +29.8% |
| Accrued charges and deferred income | 492/3 | €1,001 | €1,171 | +€170 | +16.9% |
| Remuneration, social security and pensions | 62 | €25,559 | €27,973 | +€2,415 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,554 | €1,425 | -€1,129 | -44.2% |
| Other operating charges | 640/8 | €1,378 | €1,411 | +€33 | +2.4% |
| Gross operating margin | 9900 | €30,661 | €58,190 | +€27,529 | +89.8% |
| Operating profit (loss) | 9901 | €1,171 | €27,380 | +€26,210 | +2,239% |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €726 | €726 | -€0 | 0.0% |
| Recurring financial charges | 65 | €726 | €726 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €445 | €26,704 | +€26,260 | +5,904% |
| Income taxes | 67/77 | - | €830 | +€830 | |
| Profit (loss) for the period | 9904 | €445 | €25,874 | +€25,430 | +5,717% |
| Profit (loss) for the period to be appropriated | 9905 | €445 | €25,874 | +€25,430 | +5,717% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.